Correlation
The correlation between INFIX and USMC is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
INFIX vs. USMC
Compare and contrast key facts about Tortoise MLP & Energy Income Fund (INFIX) and Principal U.S. Mega-Cap ETF (USMC).
INFIX is managed by Tortoise Capital Advisors, LLC. It was launched on Dec 26, 2010. USMC is a passively managed fund by Principal that tracks the performance of the Nasdaq US Mega Cap Select Leaders Index. It was launched on Oct 12, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INFIX or USMC.
Performance
INFIX vs. USMC - Performance Comparison
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Key characteristics
INFIX:
0.73
USMC:
0.87
INFIX:
0.97
USMC:
1.27
INFIX:
1.15
USMC:
1.19
INFIX:
0.78
USMC:
0.86
INFIX:
2.50
USMC:
3.05
INFIX:
5.27%
USMC:
5.37%
INFIX:
19.05%
USMC:
19.49%
INFIX:
-64.48%
USMC:
-29.97%
INFIX:
-10.15%
USMC:
-4.82%
Returns By Period
In the year-to-date period, INFIX achieves a -1.24% return, which is significantly lower than USMC's 0.10% return.
INFIX
-1.24%
-1.01%
-5.76%
13.72%
10.08%
17.70%
3.41%
USMC
0.10%
5.43%
0.69%
16.93%
16.05%
16.63%
N/A
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INFIX vs. USMC - Expense Ratio Comparison
INFIX has a 1.13% expense ratio, which is higher than USMC's 0.12% expense ratio.
Risk-Adjusted Performance
INFIX vs. USMC — Risk-Adjusted Performance Rank
INFIX
USMC
INFIX vs. USMC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise MLP & Energy Income Fund (INFIX) and Principal U.S. Mega-Cap ETF (USMC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
INFIX vs. USMC - Dividend Comparison
INFIX's dividend yield for the trailing twelve months is around 4.13%, more than USMC's 1.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INFIX Tortoise MLP & Energy Income Fund | 4.13% | 5.32% | 6.27% | 6.48% | 7.18% | 8.80% | 9.44% | 10.64% | 8.25% | 7.16% | 9.03% | 6.71% |
USMC Principal U.S. Mega-Cap ETF | 1.00% | 1.04% | 1.35% | 1.78% | 1.53% | 1.56% | 2.04% | 2.27% | 0.24% | 0.00% | 0.00% | 0.00% |
Drawdowns
INFIX vs. USMC - Drawdown Comparison
The maximum INFIX drawdown since its inception was -64.48%, which is greater than USMC's maximum drawdown of -29.97%. Use the drawdown chart below to compare losses from any high point for INFIX and USMC.
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Volatility
INFIX vs. USMC - Volatility Comparison
The current volatility for Tortoise MLP & Energy Income Fund (INFIX) is 4.34%, while Principal U.S. Mega-Cap ETF (USMC) has a volatility of 4.76%. This indicates that INFIX experiences smaller price fluctuations and is considered to be less risky than USMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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